Research Expert: Sarah Overall
  • Published: Mar 2025
  • Pages: 150
  • SKU: IRTNTR74798

  • Latest News- Olive Market: Food and beverage is expected to lead the Application segment during 2023-2027

    The Olive Market is being driven by Growing demand from food industry

    The Olive Market is expected to grow at a CAGR of 3.7% during 2022 and 2027. During this period, the market is also expected to show a growth of 911.64 th t. The olive market has witnessed significant expansion over the past two decades, with an increasing number of countries joining the production scene. Traditional olive-producing nations in the Mediterranean region have been joined by emerging producers such as the USA, Australia, Chile, China, and India. Although these countries account for less than 2% of the global olive oil production, their entry into the market has had a positive impact. They aim to reduce imports and increase domestic production, while also expanding their export market share, contributing to the overall growth of the olive market during the forecast period. 

    Get more information on Olive Market by requesting a sample report

    Which Factors Are Causing a Surge in Market Growth?

    The market is segmented based on

    • Application
      • Food and beverage
      • Others
    • Distribution Channel
      • Offline
      • Online
    • Geography
      • Europe
        • Italy
        • Spain
      • Middle East and Africa
        • North America
          • US
        • South America
          • APAC

          According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

          • Growing demand from food industry
          • Positive governmental initiatives and group initiatives supporting olive cultivation
          • Olive oil demand is growing due to dietary revolution

          However, the market also witnesses some limitations, which are as follows:

          • Lack of awareness among farmers
          • Vulnerabilities and challenges in value chains of olive market
          • Italian olive crisis hindering Europe's vulnerable supply

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          Market Scope in Olive Market Research Report

          Market Scope

          Report Coverage

          Details

          Page number

          143

          Base year

          2022

          Historic period

          2017-2021

          Forecast period

          2023-2027

          Growth momentum & CAGR

          Accelerate at a CAGR of 3.7%

          Market growth 2023-2027

          911.64 th t

          Market structure

          market_structure.ucfirst

          YoY growth 2022-2023(%)

          3.9

          Key countries

          US, Turkey, Spain, Italy, and Greece

          Competitive landscape

          Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

          Request Free Sample

          Find out which segment is leading the market by accessing the free PDF report

          Research Analysis Overview

          Discover the top olive oils for your healthy lifestyle: Explore our selection of premium, heart-healthy oils ideal for hair growth, salad dressings, and cooking. Delve into their nutrition facts, taste test the best brands, and learn about their uses in weight loss and skin care. Rich in omega-6 fatty acids, these extra virgin oils offer numerous health benefits, making them a superior choice vs other oils for extra virgin uses, culinary applications, and long shelf life.

          Market Research Overview

          The olive market, a significant segment of the global packaged foods and meats industry, is renowned for its flavor profile, which ranges from fruity to bitter and includes grassy notes. Olives are rich in vitamin E and boast numerous health-promoting properties, making them a popular choice for consumers prioritizing health and wellness. Culinary versatility adds to their appeal, as they can be used in various dishes. Technavio, a leading market research firm, sizes the global packaged foods and meats market based on the revenue generated by its constituents, which includes olive manufacturers and processors. This market segment falls under the global food products sector of the broader food, beverage, and tobacco market. It is essential to note that this market does not encompass food processing equipment manufacturers or producers of packaged alcoholic and non-alcoholic beverages, excluding mineral waters.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.


          Contacts

          Technavio Research
          Jesse Maida
          Media & Marketing Executive
          US: +1 844 364 1100
          UK: +44 203 893 3200
          Email: media@technavio.com
          Website: www.technavio.com/

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